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issues. tara mergener for cbs news, the white house. >> the white house says the president will veto any bill that extends tax cuts for those making more than $250,000. >>> state and local governments are preparing for the fiscal cliff. virginia's governor directed all state agencies to identify 4% of their budget to cut out. that would affect northern virginia schools, of course, 14% of the fairfax county school budget coming from the state that. would be impacted. >> we're going to be concerned about any cut in funding given how tight our budget is. i think especially given the fact that we feel the state is underfunding us now. so to take anything from that would not be good. >> so in addition to the school budgets that would be affected we're talking about massive layoffs that would lead to vacant buildings and a reduction in commercial tax revenue, a large source of funding for local governments, more reasons than we need to avoid this fiscal cliff. >>> following mitt romney's sound defeat top republican officials take stock of what went wrong. members of the gop tell the washington
's it for w usa 9. the cbs evening news is next. >> and derek is back with the only local news cast at 7:00 and see you tonight at 11:00. >> wusa9.com is always on. have a good night .
. >> that's it for us. the cbs evening news is next. derek will see you at 7:00. we hope you'll keep calling that number. >> good night, everyone.
's it for us. cbs evening news is coming up next. good night everyone.
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